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Economy
of the Great Lakes Region
What's New |
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What's New
Seaway chief hopes for traffic turnaround North Country Public Radio (11/19) It’s no surprise 2009 was a brutal year for the St. Lawrence Seaway, with tonnage down 30 percent. In fact, Seaway traffic has for the most part decreased since the late 1970s, but officials are hoping for a turnaround.
Corps tells Cleveland-Cuyahoga County Port Authority to pay its share of new dike or risk closing harbor The Plain Dealer (11/18) Cleveland's commercial harbor could close in five years unless the Cleveland-Cuyahoga County Port Authority finds $158 million to help store dredged silt.
Rate of decrease slows for coal shipments Duluth News Tribune (11/11) October’s coal shipments on the Great Lakes were 5 percent lower than in October 2008 — the smallest decrease this year, according to numbers released Tuesday by the Lake Carriers’ Association.
COMMENTARY: Carbon rules could damage Michigan's biofuel industry The Detroit News (11/10) Controlling carbon emissions to forestall long-term climate change is critical to Michigan's future. But carbon credit legislation under consideration doesn't distinguish between different sources of biofuel carbon.
Lawmakers oppose Michigan anti-mining ballot plan Chicago Tribune (11/10) A bipartisan group of state lawmakers representing Michigan's Upper Peninsula is criticizing a possible ballot proposal that would ban some types of mining. The lawmakers said Tuesday the proposal is an attack on the region's economic interests.
Wildlife Federation meets at MSU to assess global warming in state Lansing State Journal (11/7) Michigan’s $5 billion recreational and tourism industry could experience thousands of job losses because of climate change threatening natural resources, according to members of the National Wildlife Federation at their Nov. 4 meeting.

Overview
The binational Great Lakes region is North America's industrial
heartland, and also supports a multi-billion dollar outdoor recreation
and tourism industry, a strong maritime transportation system, and a
diverse and extensive agricultural base. The primary economic activities
in the region today are agriculture, industrial manufacturing, steel
production, shipping, commercial and sport fisheries, and recreation and
tourism.

General Resources
A Changing Great Lakes Economy: Economic and Environmental Linkages Federal Reserve Bank of Chicago and Great Lakes Commission This paper, prepared for the State of the Lakes Ecosystem Conference 1994, presents the economic and environmental linkages of the Great Lakes.
Advancing North America's High Performance Heartland Council of Great Lakes Governors Outlines how the council's projects relate to high performance.
Assessing the Midwest Economy Federal Reserve Bank of Chicago This comprehensive study is a compilation of more than two dozen papers focusing on various subjects, including industry trends, the agricultural and urban sectors, global markets, taxes and regulation, the labor force, and education and technology.
North America's High Performance Heartland Council of Great Lakes Governors This report, released in May 1994, articulates the governors' belief that a high-performance economy is the pathway to strong world-class businesses and a sustainable environment.
Northeast-Midwest State Economic Profiles Northeast-Midwest Institute The site provides a one-stop source for current, unique economic and demographic data on the Midwest.
The Great Lakes St. Lawrence Seaway System U.S. SLSDC and Canadian SLSMC This joint, binational site of the U.S. Saint Lawrence Seaway Development Corporation and the Canadian St. Lawrence Seaway Management Corporation offers comprehensive data on water levels and wind speeds; shipping and navigation regulations and official forms; and links to every organization, port and government agency involved with the Great Lakes Seaway System.
The Vital Center: A Federal-State Compact to Renew the Great Lakes Region The Brookings Institution Released in October 2006, this report examines the economic challenges facing the Great Lakes region, and calls for a new federal-state compact to help the region reassert its global economic leadership.

Publications
Chicago Fed Letter Federal Reserve Bank of Chicago A monthly newsletter featuring an essay on economic policy issues of regional or national interest, including a regional economic index.
Economic Perspectives Federal Reserve Bank of Chicago A bimonthly journal of in-depth articles largely reporting on the bank's economic research in the financial, business, agricultural and international sectors.

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